2 STONEHEDGE DRIVE
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 16, 2026 | Price Decreased |
$799,000
↓ $40K
(4.8%) | |
| Price Decreased | |||
| Jun 23, 2026 | Listed by Weichert Realtors - Westfield | $839,000 | |
| Listed by Weichert Realtors - Westfield | |||
| May 28, 2026 | Listed by COMPASS NEW JERSEY, LLC | $848,848 | |
| Listed by COMPASS NEW JERSEY, LLC | |||
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Located in the sought-after Sheffield Manor subdivision, this well-maintained 4 bedroom, 2.5 bath Colonial offers a wonderful combination of comfort, functionality, and inviting living spaces both inside and out. Hardwood flooring extends through much of the main level, adding warmth and character throughout the home. The main living room features a wood-burning fireplace, creating a warm and inviting gathering space. Just beyond, the sunroom offers an abundance of natural light along with additional space for relaxing or entertaining. Sliding glass doors open conveniently to the rear patio, making outdoor dining and summer get-togethers effortless. Upstairs, the primary suite offers plenty of space to unwind, complete with a large private bathroom. Additional bedrooms provide flexibility for everyday living needs. The full basement offers excellent storage and future finishing potential or multigenerational living. Outside, the backyard is set up for enjoyment with a patio area and above-ground pool, ideal for entertaining during the warmer months. Additional features include an attached garage, generous driveway parking, and a layout that blends traditional Colonial style with practical everyday living in one of the area's most desirable neighborhoods. Conveniently situated near major roadways, shopping, dining, and places of worship, the location provides both accessibility and everyday convenience.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017